Showing 1 - 10 of 335
This paper briefly summarizes and discusses that type of new growth models which are based on externalities created by investments in human capital. ***** TURKCE OZET: Bu makalede, yeni/içsel buyume modellerinin beseri sermayeye dayali turlerini ozetlemekte ve degerlendirmektedir. [Calisma...
Persistent link: https://www.econbiz.de/10005556042
Using panel data for a large number of countries, we find that economic contractions are not followed by offsetting fast recoveries. Trend output lost is not regained, on average. Wars, crises, and other negative shocks lead to absolute divergence and lower long-run growth, whereas we find...
Persistent link: https://www.econbiz.de/10005126155
We describe the relation between welfare growth and productivity growth. We argue that differences in productivity and … productivity growth between sectors or countries are irrelevant from a policy perspective. Specialisation is based on the … comparative advantages of countries. Since, by nature, some sectors witness higher productivity growth than others, so do …
Persistent link: https://www.econbiz.de/10005124907
outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their …
Persistent link: https://www.econbiz.de/10005556940
This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and...
Persistent link: https://www.econbiz.de/10005076604
We examine the response of a sticky-wage economy to various real and nominal shocks. In addition to variations in hours, we allow for an endogenous response in worker effort per hour. Despite wages being predetermined, the labor market clears through the effort margin. We find that the ability...
Persistent link: https://www.econbiz.de/10005561229
infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …
Persistent link: https://www.econbiz.de/10005408439
industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence …. The business services industry has an important role in the national innovation system and in knowledge spillovers to …
Persistent link: https://www.econbiz.de/10005412877
which the use of training and/or innovation by a workplace increases the likelihood that is has higher labour productivity … than its competitiors, and experiences high labour productivity growth. …
Persistent link: https://www.econbiz.de/10005556779
This study examines the effect of research and development subsidies on the private funding of R&D in France. We address this issue from the annual R&D survey over 1985-1997, which provides information about the R&D subsidies given by all the ministries to the firms having at least one full-time...
Persistent link: https://www.econbiz.de/10005124980